Eurjpy

I agree, the pair will start rising, most likely. There's a doji candlestick on the daily time frame above the support at 125.30.
 
There's no signal so far that it will bounce off the support at 125.40, it's possible to break below that level.
 
Eurjpy on ;ast wek occur bearish strong trending and similar with usdjpy and gbpjpy which also have similarities to bearish trend, but on friday market london session occur rebound and until closed the market back to figure out bearish pressure
 
Eurjpy move still in narrow movement, daily timeframe figure out consolidation area, not yet figure out strong uptrend and might still good for scalping with small target
 
I think that EUR/JPY asset will go down.
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The EURJPY has not reached the 122.00 level yet, that zone may act as support. To the upside, the 124.00 level may act as resistance.
 
The EURJPY may get to the 114.00 level or the 111.00 level, any of those two levels may act as support.
 
The EURJPY oscillates around the 113.40 zone, with the 116.00 level still acting as resistance and the 111.00 as support.
 
For now the pair is still struggling to break below 112.80. If it does next target will be likely 110.00.
 
The asset is flat now. I’ll set pending orders nearby the upper bound and bottom line and will see which one is gonna work.
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